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2.5M Euros Allocated for IAP Project

2.5M Euros Allocated for IAP Project

Montenegro has received a 2.5 million euro grant for the preparation of project documentation of the Ionian Adriatic Pipeline (IAP) from the Western Balkans Investment Framework (WBIF), said the country’s economy minister Dragica Sekulic, according to the message posted on the website of Montenegrin government. The grant will finance the …

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Opinion: A Guide to the Seven sins of Overreaching Government

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Even banal things can benefit from regulation, but regulators do sometimes make basic conceptual errors There are many good reasons to have regulations. They create the standards and rules that govern a marketplace, give consumers confidence, keep rogue traders at bay and make sure things that should fit together — …

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Comment: Pragmatism on Nicotine Could save Lives

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Encouraging safer alternatives to smoking can help end epidemic The regulation of tobacco and nicotine products has become less straightforward. Historically, high taxation and restrictions were aimed at achieving total nicotine abstinence. But product innovation now means that there are increasing numbers of products that allow users to satisfy their …

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Turkey, Azerbaijan May Soon use National Currency in Trade

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Turkey and Azerbaijan continue technical discussions on the draft of the preferential trade agreement, Turkish Minister of Science, Industry and Technology Faruk Ozlu said at the 5th Turkey-Azerbaijan-Georgia business forum in Istanbul. Ozlu expressed hope that the volume of mutual trade in the national currency between Azerbaijan and Turkey will …

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Mehriban Aliyeva Appointed as Azerbaijani First Vice-president

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President of the Heydar Aliyev Foundation, UNESCO and ISESCO Goodwill Ambassador, MP Mehriban Aliyeva was appointed First Vice-President of the Republic of Azerbaijan by President Ilham Aliyev`s order Feb. 21. Until her appointment, Aliyeva led a charitable foundation to promote the political legacy of her father-in-law by sponsoring music and …

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Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Azerbaijan economy up 0.8% y/y in 1M17 In 1M17 real GDP increased 0.8% y/y, compared to the 3.3% y/y contraction recorded in 1M16. Non-oil GDP was up 1.5% y/y, compared to the 3.7% y/y decline in …

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Working Together for the Region — ESCAP and ASEAN

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By Dr. Shamshad Akhtar The Association of Southeast Asian Nations (ASEAN) has shown to be an exemplary role model for regional cooperation guiding the 10-country bloc on the path toward shared prosperity and sustainable development. Since its launch in 1967, ASEAN has indeed come a long way in accelerating economic …

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Armenian Media: Despite Temur Chkonia’s Statements, McDonald’s Has no Plans for Opening Restaurant in Armenia

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“McDonald’s does not plan to open a restaurant in Armenia”, Armenian media agencies have spread similar statements. Armenian media is actively discussing perspectives of opening McDonald’s restaurant in the country. Similar plans were announced by Georgian businessman Temur Chkonia, who asserts that he has already obtained a license in Armenia. …

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Gulf Air and Agoda Partner to Reward FalconFlyer Loyalty Programme Members

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Gulf Air, the Kingdom of Bahrain’s national carrier, today announced a partnership between the airline’s FalconFlyer Loyalty Programme and Agoda PointsMax, one of the fastest-growing online hotel booking platforms worldwide, allowing Gulf Air FalconFlyer members to earn loyalty miles with every Agoda hotel booking made on agoda.com. The partnership will …

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